YPF Sociedad Anónima (NYSE:YPF) Announces Earnings Results

YPF Sociedad Anónima (NYSE:YPF) released its earnings results on Monday. The oil and gas exploration company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.26 by ($1.95), FiscalAI reports. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. The business had revenue of $6.57 billion during the quarter, compared to the consensus estimate of $5.99 billion.

YPF Sociedad Anónima Trading Up 0.7%

Shares of YPF Sociedad Anónima stock traded up $0.35 during midday trading on Tuesday, reaching $51.29. The company had a trading volume of 376,821 shares, compared to its average volume of 1,918,108. The stock has a fifty day moving average price of $50.05 and a 200 day moving average price of $44.56. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73. The firm has a market cap of $20.17 billion, a PE ratio of -49.48 and a beta of 1.28. YPF Sociedad Anónima has a fifty-two week low of $22.82 and a fifty-two week high of $57.49.

Analysts Set New Price Targets

YPF has been the subject of a number of research reports. Zacks Research cut YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wall Street Zen upgraded YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Weiss Ratings raised YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Finally, UBS Group increased their target price on YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $46.00.

Insider Buying and Selling

In other news, VP Matias Osvaldo Farina bought 8,875 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was acquired at an average price of $45.22 per share, with a total value of $401,327.50. Following the transaction, the vice president owned 55,687 shares of the company’s stock, valued at $2,518,166.14. This trade represents a 18.96% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the stock in a transaction on Thursday, July 2nd. The shares were purchased at an average price of $46.35 per share, with a total value of $131,634.00. Following the acquisition, the chief executive officer owned 92,193 shares in the company, valued at approximately $4,273,145.55. The trade was a 3.18% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 11,792 shares of company stock valued at $537,153 in the last three months.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of hedge funds have recently bought and sold shares of the company. HighTower Advisors LLC grew its holdings in YPF Sociedad Anónima by 3.3% during the 4th quarter. HighTower Advisors LLC now owns 8,523 shares of the oil and gas exploration company’s stock worth $308,000 after acquiring an additional 275 shares during the period. Marex Group plc boosted its position in shares of YPF Sociedad Anónima by 5.7% during the 4th quarter. Marex Group plc now owns 9,702 shares of the oil and gas exploration company’s stock valued at $351,000 after purchasing an additional 522 shares in the last quarter. Royal Bank of Canada grew its stake in YPF Sociedad Anónima by 20.8% during the fourth quarter. Royal Bank of Canada now owns 5,760 shares of the oil and gas exploration company’s stock worth $208,000 after purchasing an additional 990 shares during the period. Sunbelt Securities Inc. grew its stake in YPF Sociedad Anónima by 488.3% during the third quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock worth $33,000 after purchasing an additional 1,123 shares during the period. Finally, LPL Financial LLC increased its holdings in YPF Sociedad Anónima by 2.4% in the fourth quarter. LPL Financial LLC now owns 58,171 shares of the oil and gas exploration company’s stock worth $2,103,000 after purchasing an additional 1,354 shares in the last quarter. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state?owned oil company.